Hailiang Education Group (HLG) Lifted to Hold at BidaskClub

BidaskClub upgraded shares of Hailiang Education Group (NASDAQ:HLG) from a sell rating to a hold rating in a report issued on Thursday, BidAskClub reports.

HLG opened at $47.50 on Thursday. Hailiang Education Group has a 1 year low of $30.25 and a 1 year high of $87.56.

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Large investors have recently modified their holdings of the business. Legal & General Group Plc purchased a new position in Hailiang Education Group in the 3rd quarter worth about $40,000. Deutsche Bank AG raised its position in Hailiang Education Group by 21.4% in the 4th quarter. Deutsche Bank AG now owns 1,500 shares of the company’s stock worth $75,000 after buying an additional 264 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in Hailiang Education Group in the 4th quarter worth about $250,000. Dimensional Fund Advisors LP raised its position in Hailiang Education Group by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 68,166 shares of the company’s stock worth $3,409,000 after buying an additional 745 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Hailiang Education Group by 28.1% in the 3rd quarter. Renaissance Technologies LLC now owns 98,600 shares of the company’s stock worth $6,935,000 after buying an additional 21,600 shares during the last quarter. 0.79% of the stock is owned by institutional investors and hedge funds.

About Hailiang Education Group

Hailiang Education Group Inc, through its subsidiaries, provides K-12 educational services in the People's Republic of China. The company operates six affiliated schools that include Hailiang Primary School, Hailiang Junior Middle School, Hailiang Senior Middle School, Hailiang High School of Art, Hailiang Experimental High School, and Hailiang Foreign Language School; and sixteen managed schools.